XQUA.DE vs. 36B1.DE
XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) and 36B1.DE (iShares J.P. Morgan ESG USD EM Bond UCITS ETF) are both Emerging Markets Bonds funds - XQUA.DE tracks the JPM EMBI Global Diversified TR USD while 36B1.DE tracks the JP Morgan ESG EMBI Global Diversified. Both are passively managed. Over the past 5 years, XQUA.DE returned 0.12%/yr vs 1.88%/yr for 36B1.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.
Performance
XQUA.DE vs. 36B1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XQUA.DE achieves a 3.11% return, which is significantly lower than 36B1.DE's 4.50% return.
XQUA.DE
- 1D
- 0.11%
- 1M
- 0.33%
- 6M
- 1.88%
- YTD
- 3.11%
- 1Y
- 7.50%
- 3Y*
- 3.82%
- 5Y*
- 0.12%
- 10Y*
- 1.36%
36B1.DE
- 1D
- 0.26%
- 1M
- 0.79%
- 6M
- 3.14%
- YTD
- 4.50%
- 1Y
- 10.75%
- 3Y*
- 7.32%
- 5Y*
- 1.88%
- 10Y*
- —
XQUA.DE vs. 36B1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.11% | -1.36% | 5.24% | 3.95% | -12.55% | 6.78% | -2.76% | 17.84% | 2.88% |
36B1.DE iShares J.P. Morgan ESG USD EM Bond UCITS ETF | 4.50% | 0.52% | 11.39% | 6.09% | -13.65% | 5.10% | -3.83% | 1.34% | -1.20% |
Correlation
The correlation between XQUA.DE and 36B1.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2018 | 0.87 |
The correlation between XQUA.DE and 36B1.DE shifts across timeframes, from 0.76 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XQUA.DE vs. 36B1.DE — Risk / Return Rank
XQUA.DE
36B1.DE
XQUA.DE vs. 36B1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) and iShares J.P. Morgan ESG USD EM Bond UCITS ETF (36B1.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XQUA.DE | 36B1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.36 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 3.73 | -1.89 |
| Martin ratioReturn relative to average drawdown | 5.50 | 10.56 | -5.05 |
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Drawdowns
XQUA.DE vs. 36B1.DE - Drawdown Comparison
The maximum XQUA.DE drawdown since its inception was -20.21%, smaller than the maximum 36B1.DE drawdown of -22.35%. Use the drawdown chart below to compare losses from any high point for XQUA.DE and 36B1.DE.
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Drawdown Indicators
| XQUA.DE | 36B1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.21% | -22.35% | +2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.06% | -2.87% | -1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -11.47% | -12.32% | +0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -16.16% | -16.23% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -20.21% | — | — |
Current DrawdownCurrent decline from peak | -5.07% | -1.28% | -3.79% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -8.65% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 1.02% | +0.34% |
Volatility
XQUA.DE vs. 36B1.DE - Volatility Comparison
Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) and iShares J.P. Morgan ESG USD EM Bond UCITS ETF (36B1.DE) have volatilities of 1.32% and 1.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XQUA.DE | 36B1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 1.29% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 4.07% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.10% | 6.02% | +0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.33% | 8.51% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.81% | 10.17% | -1.36% |
XQUA.DE vs. 36B1.DE - Expense Ratio Comparison
Both XQUA.DE and 36B1.DE have an expense ratio of 0.45%.
Dividends
XQUA.DE vs. 36B1.DE - Dividend Comparison
XQUA.DE's dividend yield for the trailing twelve months is around 4.52%, less than 36B1.DE's 5.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
36B1.DE iShares J.P. Morgan ESG USD EM Bond UCITS ETF | 5.66% | 5.96% | 5.31% | 5.52% | 5.19% | 3.36% | 3.81% | 2.35% | 0.00% | 0.00% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.52% | 4.80% | 4.40% | 4.34% | 7.07% | 3.83% | 4.92% | 4.19% | 3.08% | 3.74% |
Frequently Asked Questions
XQUA.DE and 36B1.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XQUA.DE and 36B1.DE have the same expense ratio: 0.45% per year.
XQUA.DE tracks JPM EMBI Global Diversified TR USD, while 36B1.DE tracks JP Morgan ESG EMBI Global Diversified. They also come from different issuers: Xtrackers and iShares.
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